I want to start off by saying to my good friend the chairman that I plan to withdraw the amendment. Mr. Chairman, my good friend and colleague Tim Murphy and I are offering this bipartisan amendment that directs the Department of Commerce, the United States Trade Representative, and the United States International Trade Commission to report to Congress on the sanctions they can bring against companies that benefit from information acquired by hacking into private computers in the United States. The Justice Department recently indicted five Chinese military officers for stealing commercially valuable information from a number of companies in the United States. These indictments highlight what we have known for a long time: namely, that China and governments around the world are hacking into computers in the United States and using that information they steal for their own economic advantage. These hackers have targeted the offices of Westinghouse, U.S. Steel, the United Steel Workers Union, Alcoa, Allegheny Technologies, and SolarWorld, five of which are located in Pittsburgh, Pennsylvania. The information they stole helped Chinese companies in negotiations or trade disputes with each of the targeted organizations. While these indictments are the first of their kind, businesses in the United States have been facing cyber attacks like this for years.…
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